Malaysia is perfect base for China exporters, says finance minister

  • 📰 YahooSG
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 71%

España Noticias Noticias

España Últimas Noticias,España Titulares

'For China-based exporters affected by the trade war, Malaysia is clearly a base that you need,” said Malaysian finance minister Lim Guan Eng.

KUALA LUMPUR, Aug 8 ― Malaysia's access to major world markets such as the US and Europe makes it the perfect location for China-based exporters to relocate, Lim Guan Eng said today.

“This is an important point at the time when the global supply chain is being reoriented due to trade flows either in the Pacific driven by the US, or in the Atlantic driven by the UK. He said that the boost was powered by a 127 per cent increase in approved manufacturing FDI worth RM20.2 billion from RM8.9 billion in the same quarter last year.

Last year saw Malaysia's trade with the Asian superpower hit RM313.8 billion, which was a record breaking amount between the two nations. Data on Malaysia's approved FDI showed that Putrajaya is lagging behind Vietnam, Indonesia, Thailand and the Philippines in attracting Chinese investors.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 3. in ES
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

European stocks lower as China holds fire in currency spatLONDON: European stock markets ended lower on Tuesday (Aug 6), giving up early gains made after Beijing appeared to hold fire in its conflict with ...
Fuente: ChannelNewsAsia - 🏆 6. / 66 Leer más »